based on materials from the site - By Cryptopolitan_News

SpaceX plans to launch its giant Starship rocket into the sky from South Texas on August 24, aiming to stabilize the program after a series of failures on the ground and in flight.
It has been almost three months since the last Starship test. However, the success was short-lived. The upper part of the rocket disintegrated while passing through the atmosphere, and the booster exploded over the Gulf of Mexico during landing.
Weeks later, the problems did not subside. During static fire tests, the rocket intended for the tenth flight exploded in a blast that destroyed the test stand and forced SpaceX to hastily seek a replacement upper stage for this mission.
The Federal Aviation Administration (FAA) has completed its investigation into the incident during the tenth flight, removing a significant hurdle and giving the company the green light for the next launch.
SpaceX often describes its strategy as 'build-fly-repair-repeat'. Each Starship launch provides data that engineers use in design and operations. However, the repeated loss of the vehicle during flight has intensified questions about when this massive rocket will be able to carry payloads for paying customers and for NASA.
The pace of the company's development has been impressive since the first Starship flight in April 2023. In May, SpaceX made history by re-launching the booster, demonstrating that rapid reuse is indeed achievable. The return of the upper stage to Earth and its subsequent landing for reuse, which is the ultimate goal, remains a work in progress.
In a statement filed with Texas regulators in January this year, SpaceX reported investments of over $7.5 billion in Starbase and the broader Starship program. These expenditures are not limited to Texas. Recently, the company informed the governor of Florida of its intention to invest an additional $1.8 billion in developing launch pads for Starship.
SpaceX has two contracts worth a total of $4 billion for the development of a Starship modification called the 'Human Landing System', which is intended to return astronauts to the Moon as part of the Artemis program.
The Artemis III mission, aimed at realizing this capability, is scheduled for 2027. Achieving this date will require more than just successful launches and returns through the atmosphere.
SpaceX still has to test the spacecraft's reusable heat shield, conduct cryogenic fuel loading in low Earth orbit, and ultimately land Starship on the Moon's surface. Each of these steps will be a first, but SpaceX needs to complete them all.
Bloomberg reported that the company has transferred a significant portion of engineers from the Falcon 9 project to Starship to address the open issues of this heavy rocket.
Starship is the most powerful rocket ever built. The height of the multi-stage vehicle is nearly 400 feet (122 meters).
#MarketRebound , #Сryptomarketnews
Dear readers! Among you are many people who have enough time for independent monitoring of the information agenda of the crypto market and the world of finance. Thus, subscribing to 'our news feed' is generally used by those of you who find it much more convenient to read all the most interesting changes in the news agenda of the financial world and cryptocurrencies in one group, rather than independently monitoring about twenty information sites and print publications (where we have already done this monitoring for you)!!! As they say, 'to each their own'. 😀
Enjoy your viewing! Your reaction to the news you read is the best reward for us!!!
😉